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Trade talks with US under new framework in mid-June: Japan

April 25, 2018 00:00:00


TOKYO, Apr 24 (Reuters): Japan's Economy Minister Toshimitsu Motegi said on Tuesday that bilateral talks on trade under a new framework led by him and US Trade Representative Robert Lighthizer won't begin until mid-June at the earliest.

In a summit last week, Japanese Prime Minister Shinzo Abe and US President Donald Trump agreed to set up a new framework focusing on bilateral trade led by Motegi and Lighthizer.

The move could put Japan under direct US pressure to enter talks for a bilateral free trade agreement (FTA). Japan is wary of entering such talks and wants to convince Washington to rejoin the multilateral Trans-Pacific Partnership (TPP) pact.

"We've told the US side that the start of discussions (under the new framework) will be around mid-June or later," Motegi told a news conference. "We're not thinking of signing a bilateral FTA," he added.

Trump pulled the United States out of TPP in early 2017 and has said he won't consider rejoining unless conditions provided under the pact were far better than before.

Since the United States withdrew from TPP, the other 11 nations have forged ahead with their own agreement. Japan, which signed up for the pact, wants to pass relevant legislation through parliament in the current session running until June 20. Japan hopes to put off full-fledged trade negotiations with the United States until TPP-related bills clear parliament, given the priority it puts on having TPP enter into force, government officials say.


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